Renunciation used in a sentence

Renunciation in a sentence as a noun

However, they will accept a renunciation if you don't have one.

This is why there's a renunciation process, and he has gone thru that process legally.

If someone doesn't pass a litmus test, they need to make a public renunciation, or "go away".

Assets acquired after the renunciation are of course exempt.

There's almost no deep analysis of the reasons for renunciation.

"Altruism is the renunciation of the self, and an exclusive concern for the welfare of others.

You only pay tax on the profit you make on stock investments, so any profit he stands to make in the years following his renunciation will be tax free.

However, as part of the renunciation process you have to be up to date on your taxes, and you have to pay a tax on any money you move out of the USA.

Yes, but then he won't have to pay additional capital gains tax on the stock if it happens to skyrocket in the years following his renunciation of citizenship.

Saverin's other business ventures make his renunciation of US Citizenship far more palatable than many billionaires who jump ship for Monaco or some similar tax-shield country